Financial Tools & Guides

Financial Resources

Interactive calculators, official tools, and specialized guides to help CAF members make informed financial decisions.

5

Interactive calculators

28

Financial resources

8

Official CAF programs

8

Categories covered

Interactive Tools

Built-In Calculators

Use these tools right here — no sign-up required. Adjust the sliders to see the impact in real time.

Compound Interest Calculator

$10,000
$1K$100K
$200
$0$2K/mo
7%
1%15%
20 yrs
1 yr40 yrs

Total invested

$58,000

Growth

$85,973

Final value

$143,973

* For illustrative purposes only. Actual returns vary. Consult a qualified financial advisor.

The Rule of 72

Divide 72 by your return rate to estimate how many years it takes to double your money.

7%

Years to double

10.3

72 ÷ 7% = 10.3 yrs

Essential Resources

CRA

TFSA — Tax-Free Savings Account (CRA)

Official CRA guide to TFSA contribution limits, eligible investments, and withdrawal rules. The cornerstone of tax-free wealth building for CAF members.

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CRA

FHSA — First Home Savings Account (CRA)

Save up to $40,000 tax-free for your first home — combining TFSA and RRSP benefits. Ideal for CAF members planning to buy after posting.

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Guide

Introduction to ETFs — Investor Education Fund

Learn how Exchange-Traded Funds work, their advantages over mutual funds, and how to build a diversified low-cost portfolio.

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Official

Canadian Forces Pension Centre

Manage your Canadian Forces Pension Plan (CFPP). Understand your pension entitlements, survivor benefits, and retirement options.

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Official

CMHC — Canada Mortgage and Housing Corporation

Guides on buying your first home, mortgage insurance, and housing market data. Essential for CAF members navigating frequent postings.

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Calculator

Compound Interest Calculator — Government of Canada

See the power of compound interest in action. Enter your principal, rate, and time horizon to project your investment growth.

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Calculator

Debt Repayment Calculator — FCAC

Calculate how long it will take to pay off your debt and how much interest you'll pay. Compare avalanche vs. snowball strategies.

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CRA

My Account — CRA Online Portal

Access your personal tax information, RRSP/TFSA contribution room, benefit payments, and tax returns directly from the CRA.

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Full Library

All Resources

28 resources found

CRA

TFSA — Tax-Free Savings Account (CRA)

Official CRA guide to TFSA contribution limits, eligible investments, and withdrawal rules. The cornerstone of tax-free wealth building for CAF members.

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CRA

RRSP — Registered Retirement Savings Plan (CRA)

Understand RRSP contribution room, deduction limits, spousal RRSPs, and the Home Buyers' Plan (HBP). Critical for CAF members with pension income.

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CRA

FHSA — First Home Savings Account (CRA)

Save up to $40,000 tax-free for your first home — combining TFSA and RRSP benefits. Ideal for CAF members planning to buy after posting.

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CRA

RESP — Registered Education Savings Plan (CRA)

Save for your children's post-secondary education with government grants (CESG) up to $7,200 per child. A must for military families.

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Guide

Introduction to ETFs — Investor Education Fund

Learn how Exchange-Traded Funds work, their advantages over mutual funds, and how to build a diversified low-cost portfolio.

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Strategy

Canadian Couch Potato — Model Portfolios

Simple, evidence-based model portfolios using low-cost ETFs. Perfect for CAF members who want to invest without complexity.

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Guide

MoneySense ETF All-Stars — Canada's Best ETFs

Annual ranking of Canada's best ETFs by category — equity, bond, balanced, and more. Updated yearly with expert analysis.

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Strategy

The Rule of 72 — Doubling Your Money

Divide 72 by your annual return rate to estimate how long it takes to double your money. A foundational concept from Building Wealth While Serving.

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Guide

GetSmarterAboutMoney.ca — OSC Investor Hub

Ontario Securities Commission's unbiased investor education hub — guides on investing, fraud prevention, and financial planning.

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Official

Canadian Forces Pension Centre

Manage your Canadian Forces Pension Plan (CFPP). Understand your pension entitlements, survivor benefits, and retirement options.

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Official

SISIP Financial — CAF Financial Services

The official financial services provider for CAF members. Offers insurance, investments, and financial counselling tailored to military life.

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Official

Veterans Affairs — Pension for Life

The Pension for Life program for CAF veterans — pain and suffering compensation, income replacement, and career impact benefits.

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Official

Integrated Relocation Program (IRP)

Understand your posting relocation benefits — what's covered, how to maximize your entitlements, and key timelines.

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Official

CMHC — Canada Mortgage and Housing Corporation

Guides on buying your first home, mortgage insurance, and housing market data. Essential for CAF members navigating frequent postings.

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Calculator

Mortgage Affordability Calculator — CMHC

Determine how much mortgage you can afford based on your income, debts, and down payment. Plan your home purchase with confidence.

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Official

PMQ / RHU Housing — DND

Information on Residential Housing Units (RHU/PMQ) available to CAF members — eligibility, application, and what to expect.

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Calculator

Land Transfer Tax Calculator — CMHC

Estimate land transfer taxes when buying a home in any Canadian province. Important for CAF members buying across different postings.

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Calculator

Compound Interest Calculator — Government of Canada

See the power of compound interest in action. Enter your principal, rate, and time horizon to project your investment growth.

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Free Tool

Budget Planner — Financial Consumer Agency of Canada

Free interactive budget planner from the Government of Canada. Track income, expenses, and savings goals in one place.

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Calculator

Net Worth Calculator — FCAC

Calculate your net worth by listing your assets and liabilities. A key metric for tracking your financial progress over time.

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Calculator

Retirement Income Calculator — Government of Canada

Estimate your retirement income from CPP, OAS, and personal savings. Essential for CAF members planning their post-service finances.

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Free Tool

CPP Retirement Pension Estimator

Estimate your Canada Pension Plan retirement benefit based on your contributions and planned retirement age.

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Calculator

Debt Repayment Calculator — FCAC

Calculate how long it will take to pay off your debt and how much interest you'll pay. Compare avalanche vs. snowball strategies.

Open tool →
Guide

Managing Debt — FCAC Guide

Practical strategies for managing and eliminating debt — including the avalanche and snowball methods explained clearly.

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Guide

Understanding Your Credit Score — FCAC

Learn how your credit score is calculated, what affects it, and how to improve it. Critical for CAF members applying for mortgages.

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CRA

My Account — CRA Online Portal

Access your personal tax information, RRSP/TFSA contribution room, benefit payments, and tax returns directly from the CRA.

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CRA

Federal & Provincial Tax Brackets — Canada

Current Canadian federal and provincial income tax brackets. Understand your marginal rate and plan your RRSP contributions accordingly.

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CRA

Tax Deductions for CAF Members — CRA

Special tax deductions available to Canadian Armed Forces members — including the overseas employment tax credit and moving expense deductions.

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Quick Links

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The Book

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Resource Library

Explore the general resource library for CAF members.

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Resources and calculators listed are provided for informational and educational purposes only. They do not constitute professional financial, tax, or legal advice. Always consult a qualified professional before making significant financial decisions. Full disclaimer

In Partnership With

SISIP Financial

"SISIP Financial is proud to support Canadian Armed Forces members and their families on their journey toward financial freedom."

— SISIP Financial